Global Indoor Farming Market Size study, by By Facility Type (Greenhouses, Vertical Farms), By Component (Hardware, Software), By Crop Category (Fruits, Vegetables, Herbs Flowers & Ornamentals) and Others and Regional Forecasts 2021-2027
- Category: Retail & Consumer
- Published Date: Oct 2021
- Publisher: Bizwit Research
- Pages: 200
Global Indoor Farming Market is valued approximately USD 32.3 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 10.9 % over the forecast period 2021-2027. Indoor farming is a way of producing crops or plants exclusively indoors, generally on a big scale. This type of farming frequently use hydroponics and artificial lighting to supply plants with the nutrients and light levels they require for development. Indoor Farming Market is receiving immense popularity because of increasing awareness among the consumers for consuming fresh food. Increasing in population is creating higher demand for food which serves as another driving factor for the market. Many companies are collaborating with each other in order to develop new production system. For instance, In April 2021, Aerofarms had undergone a partnership with Hortifrut SA, a certified B corporation in Chile. The partnership will focus on the research and development of blueberry and cranberry production in fully controlled vertical farms and indoor environments. In 2019, Bright Farms expanded its construction unit with three new sustainable greenhouse farms in Massachusetts, New York, and North Carolina. Deforestation, as well as a rise in the availability of certified items, are driving the industry. However, the changing climatic conditions contribute to existing environmental problems, such as soil degradation and groundwater depletion, affecting the food and agriculture production systems which may impede the growth of the market over the forecast period of 2021-2027. Also, Governments encourage building indoor farms along with other initiatives is likely to increase the market growth during the forecast period.
The regional analysis of global Indoor Farming Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the significant region across the world in terms of market share owing to rising adoption of technologies, such as Controlled Environment-Agriculture (CEA). Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as the continuously rising population in the region has resulted in an increasing demand for organic food and increasing awareness would create lucrative growth prospects for the Indoor Farming Market across Asia-Pacific region.
Major market player included in this report are:
Argus Control Systems Ltd.
Certhon
General Hydroponics
Hydrodynamics International
Illumitex
Lumigrow
Netafim
Priva
Richel Group
Vertical Farm Systems
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Facility Type Outlook:
Greenhouses
Vertical Farms
Others
By Component Outlook:
Hardware
Software
By Crop Category Outlook:
Fruits, Vegetables, & Herbs
Flowers & Ornamentals
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Indoor Farming Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
The regional analysis of global Indoor Farming Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the significant region across the world in terms of market share owing to rising adoption of technologies, such as Controlled Environment-Agriculture (CEA). Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2021-2027. Factors such as the continuously rising population in the region has resulted in an increasing demand for organic food and increasing awareness would create lucrative growth prospects for the Indoor Farming Market across Asia-Pacific region.
Major market player included in this report are:
Argus Control Systems Ltd.
Certhon
General Hydroponics
Hydrodynamics International
Illumitex
Lumigrow
Netafim
Priva
Richel Group
Vertical Farm Systems
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Facility Type Outlook:
Greenhouses
Vertical Farms
Others
By Component Outlook:
Hardware
Software
By Crop Category Outlook:
Fruits, Vegetables, & Herbs
Flowers & Ornamentals
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Indoor Farming Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Indoor Farming Market, by Region, 2019-2027 (USD Billion)
1.2.2. Indoor Farming Market, by Facility Type, 2019-2027 (USD Billion)
1.2.3. Indoor Farming Market, Component, 2019-2027 (USD Billion)
1.2.4. Indoor Farming Market, Crop Category, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Indoor Farming Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Indoor Farming Market Dynamics
3.1. Indoor Farming Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Increasing awareness among the consumers
3.1.1.2. Increasing population
3.1.2. Market Challenges
3.1.2.1. Changing climatic conditions
3.1.3. Market Opportunities
3.1.3.1. Increasing Government initiatives
Chapter 4. Global Indoor Farming Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Indoor Farming Market, by Facility Type
5.1. Market Snapshot
5.2. Global Indoor Farming Market by Facility Type, Performance - Potential Analysis
5.3. Global Indoor Farming Market Estimates & Forecasts by Facility Type 2018-2027 (USD Billion)
5.4. Indoor Farming Market, Sub Segment Analysis
5.4.1. Greenhouses
5.4.2. Vertical Farms
5.4.3. Others
Chapter 6. Global Indoor Farming Market, by Component
6.1. Market Snapshot
6.2. Global Indoor Farming Market by Component, Performance - Potential Analysis
6.3. Global Indoor Farming Market Estimates & Forecasts by Component 2018-2027 (USD Billion)
6.4. Indoor Farming Market, Sub Segment Analysis
6.4.1. Hardware
6.4.2. Software
Chapter 7. Global Indoor Farming Market, by Crop Category Outlook
7.1. Market Snapshot
7.2. Global Indoor Farming Market by Crop Category Outlook, Performance - Potential Analysis
7.3. Global Indoor Farming Market Estimates & Forecasts by Crop Category Outlook 2018-2027 (USD Billion)
7.4. Indoor Farming Market, Sub Segment Analysis
7.4.1. Fruits, Vegetables, & Herbs
7.4.2. Flowers & Ornamentals
7.4.3. Others
Chapter 8. Global Indoor Farming Market, Regional Analysis
8.1. Indoor Farming Market, Regional Market Snapshot
8.2. North America Indoor Farming Market
8.2.1. U.S. Indoor Farming Market
8.2.1.1. Facility Type breakdown estimates & forecasts, 2018-2027
8.2.1.2. Component breakdown estimates & forecasts, 2018-2027
8.2.1.3. Crop Category Outlook breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Indoor Farming Market
8.3. Europe Indoor Farming Market Snapshot
8.3.1. U.K. Indoor Farming Market
8.3.2. Germany Indoor Farming Market
8.3.3. France Indoor Farming Market
8.3.4. Spain Indoor Farming Market
8.3.5. Italy Indoor Farming Market
8.3.6. Rest of Europe Indoor Farming Market
8.4. Asia-Pacific Indoor Farming Market Snapshot
8.4.1. China Indoor Farming Market
8.4.2. India Indoor Farming Market
8.4.3. Japan Indoor Farming Market
8.4.4. Australia Indoor Farming Market
8.4.5. South Korea Indoor Farming Market
8.4.6. Rest of Asia Pacific Indoor Farming Market
8.5. Latin America Indoor Farming Market Snapshot
8.5.1. Brazil Indoor Farming Market
8.5.2. Mexico Indoor Farming Market
8.6. Rest of The World Indoor Farming Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Argus Control Systems Ltd.
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Certhon
9.2.3. General Hydroponics
9.2.4. Hydrodynamics International
9.2.5. Illumitex
9.2.6. Lumigrow
9.2.7. Netafim
9.2.8. Priva
9.2.9. Richel Group
9.2.10. Vertical Farm Systems
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Indoor Farming Market, by Region, 2019-2027 (USD Billion)
1.2.2. Indoor Farming Market, by Facility Type, 2019-2027 (USD Billion)
1.2.3. Indoor Farming Market, Component, 2019-2027 (USD Billion)
1.2.4. Indoor Farming Market, Crop Category, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Indoor Farming Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Indoor Farming Market Dynamics
3.1. Indoor Farming Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Increasing awareness among the consumers
3.1.1.2. Increasing population
3.1.2. Market Challenges
3.1.2.1. Changing climatic conditions
3.1.3. Market Opportunities
3.1.3.1. Increasing Government initiatives
Chapter 4. Global Indoor Farming Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Indoor Farming Market, by Facility Type
5.1. Market Snapshot
5.2. Global Indoor Farming Market by Facility Type, Performance - Potential Analysis
5.3. Global Indoor Farming Market Estimates & Forecasts by Facility Type 2018-2027 (USD Billion)
5.4. Indoor Farming Market, Sub Segment Analysis
5.4.1. Greenhouses
5.4.2. Vertical Farms
5.4.3. Others
Chapter 6. Global Indoor Farming Market, by Component
6.1. Market Snapshot
6.2. Global Indoor Farming Market by Component, Performance - Potential Analysis
6.3. Global Indoor Farming Market Estimates & Forecasts by Component 2018-2027 (USD Billion)
6.4. Indoor Farming Market, Sub Segment Analysis
6.4.1. Hardware
6.4.2. Software
Chapter 7. Global Indoor Farming Market, by Crop Category Outlook
7.1. Market Snapshot
7.2. Global Indoor Farming Market by Crop Category Outlook, Performance - Potential Analysis
7.3. Global Indoor Farming Market Estimates & Forecasts by Crop Category Outlook 2018-2027 (USD Billion)
7.4. Indoor Farming Market, Sub Segment Analysis
7.4.1. Fruits, Vegetables, & Herbs
7.4.2. Flowers & Ornamentals
7.4.3. Others
Chapter 8. Global Indoor Farming Market, Regional Analysis
8.1. Indoor Farming Market, Regional Market Snapshot
8.2. North America Indoor Farming Market
8.2.1. U.S. Indoor Farming Market
8.2.1.1. Facility Type breakdown estimates & forecasts, 2018-2027
8.2.1.2. Component breakdown estimates & forecasts, 2018-2027
8.2.1.3. Crop Category Outlook breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Indoor Farming Market
8.3. Europe Indoor Farming Market Snapshot
8.3.1. U.K. Indoor Farming Market
8.3.2. Germany Indoor Farming Market
8.3.3. France Indoor Farming Market
8.3.4. Spain Indoor Farming Market
8.3.5. Italy Indoor Farming Market
8.3.6. Rest of Europe Indoor Farming Market
8.4. Asia-Pacific Indoor Farming Market Snapshot
8.4.1. China Indoor Farming Market
8.4.2. India Indoor Farming Market
8.4.3. Japan Indoor Farming Market
8.4.4. Australia Indoor Farming Market
8.4.5. South Korea Indoor Farming Market
8.4.6. Rest of Asia Pacific Indoor Farming Market
8.5. Latin America Indoor Farming Market Snapshot
8.5.1. Brazil Indoor Farming Market
8.5.2. Mexico Indoor Farming Market
8.6. Rest of The World Indoor Farming Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Argus Control Systems Ltd.
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. Certhon
9.2.3. General Hydroponics
9.2.4. Hydrodynamics International
9.2.5. Illumitex
9.2.6. Lumigrow
9.2.7. Netafim
9.2.8. Priva
9.2.9. Richel Group
9.2.10. Vertical Farm Systems
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
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